4th Mar 2019 14:35
LONDON (Alliance News) - Verditek PLC said Monday that longstanding Non-Executive Director Anthony Rawlinson has stood down with immediate effect, with Gavin Mayhew replacing Rawlinson at the clean technology investment firm.
Rawlinson has been involved with Verditek since its inception, serving as a non-executive since its joined the AIM market of the London Stock Exchange in August 2017. He decided to stand down with immediate effect "due to increasing pressures of workload, and in anticipation of new executive opportunities".
Mayhew - a former chief executive at United Arab Emirates-based Energy Savers FZE - became a non-executive with effect from last Friday.
"I would like to thank Anthony for the erudite guidance he has provided to the board and wish Anthony all the best with his new endeavours," Verditek Chair David Willetts said. "This is a good moment for Verditek to refresh the experience in our board. Gavin will bring sound commercial judgement to bear, which will strengthen our depth on issues of strategy, performance and resources."
Shares in Verditek were 2.3% lower at 5.25 pence on Monday.
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